Caribou Coffee | NNN | Affluent ATL GA 2705 Cobb Pky NW 1,466 SF Retail Building Kennesaw, GA 30152 $2,153,846 ($1,469.20/SF) 6.50% Cap Rate

Faris Lee Investments is pleased to present the opportunity to acquire a drive-thru equipped Caribou Coffee property located in Kennesaw, Georgia, one of Atlanta’s fastest-growing and most affluent suburbs. The asset is secured by a new 10-year NNN lease backed by a corporate guaranty from Caribou Coffee, a globally recognized coffee brand operating more than 800 locations worldwide. The lease features 10% rental increases every five years, providing attractive inflation protection and growing cash flow. Strategically positioned within a high-performing Publix-anchored corridor along Cobb Parkway (42,500+ VPD), the property benefits from exceptional demographics, including 297,000 residents and average household incomes exceeding $131,000 within the trade area. The location is less than two miles from Kennesaw State University (51,000 students) and surrounded by more than 1,100 recently delivered Class A multifamily units, reinforcing long-term consumer demand. The offering includes rare fee simple ownership of both the land and improvements, providing long-term residual value and potential depreciation benefits. Backed by Caribou Coffee and its parent company, JAB Holding Company, this investment offers a compelling combination of durable cash flow, strong real estate fundamentals, and exposure to one of metro Atlanta’s most dynamic growth markets.